- Fisker Automotive,
an American company based in Southern California, has been a
catalyst in the auto industry. With the Karma, Fisker changed
the perception of what an electric car could be: a high-style,
high-performance luxury sedan.

- The fully certified Fisker Karma, an all-new car with all-new
technology from an all-new company, went from concept to
showroom in less than 48 months and for much less cost than
industry standard.

- The Karma offers a unique package of world-class style and
design combined with industry leading economy and the lowest
emissions of nearly any production car.

- Starting in the US at $102,000 before $7500 Federal tax
credits, the Fisker Karma is the only truly eco-conscious
alternative to other luxury sedans in the same and higher price
segments (e.g. Porsche Panamera S Hybrid; Maserati Quattroporte)

- Fisker Automotive is ahead of European, Japanese and Korean
manufacturers in the development of extended-range electric
vehicles.

- Fisker Automotive is primarily privately funded, having raised
more than $860 million in private equity financing since 2007.
Despite receiving $528.7 million in Department of Energy (DOE)
loan guarantees, the company’s success is not dependent on
government money. Only about 1/3 of the total loan amount ($190
million) has been drawn, directed mostly at Karma design and
development.

- The Karma is the first and only advanced-technology vehicle
supported by the DOE to successfully reach the public
marketplace. It began arriving in showrooms 18 months after the
company received final approval for the DOE loan.

- Fisker has generated more than $100 million in revenue from
Karma sales since December 2011.

- In May 2011 Fisker Automotive opted to stop taking
reimbursements from the DOE while the company entered
negotiations to implement more realistic and achievable
milestones.

- As a prudent business measure, project Nina has been
temporarily put on hold until financing, either from the DOE or
elsewhere, can be secured.

Designed to reflect
Henrik’s paradigm of Responsible Luxury™, the Fisker Karma is the
first American-designed and engineered luxury vehicle specifically
developed to appeal to world markets. It is the only luxury sedan in
the world that meets future fuel consumption and emission
requirements, making it suitable for any international city.

The only true Electric Vehicle with extended range, the Fisker Karma
drives its rear wheels using two rear-mounted 201.5 horsepower (150
kW) electric traction motors that draw energy from the lithium-ion
battery pack for up to 50 miles (80 km). The gasoline engine drives
a 175 kW electric generator to power the motors; there is no
mechanical link between this engine and the drive motors.

Uniquely, the Fisker Karma can run in one of two drive modes:
Stealth and Sport. Stealth Mode maximizes efficiency, giving the car
its greatest range on battery power before activating the gasoline
engine-driven generator to sustain battery charge. In Stealth Mode,
the Karma can accelerate from zero to 60 mph (97 km/h) in 7.9
seconds and achieve a top speed of 95 mph (153 km/h). With Sport
Mode engaged, the gasoline engine drives the generator to provide
enough electricity for 403 total system horsepower, allowing the
Karma to accelerate from zero to 60 mph in just 5.9 seconds and
achieve a top speed of 125 mph (201 km/h).

In all aspects of performance, the Fisker Karma is designed to be a
true driver’s car. Its proprietary, advanced aluminum space frame
incorporates new levels of rigidity and strength that give the Karma
world-class ride and handling characteristics. Fisker Automotive’s
engineering team designed the Karma’s space frame around the car’s
unique powertrain, filing for multiple patents in the process.

Benefitting from a four-wheel independent SLA (double-wishbone)
suspension, also employing aluminum components, the Karma has been
specifically tuned to run on standard 22-inch aluminum wheels, a
first for a production car.

Production of the Fisker Karma recently started at Valmet
Automotive’s Uusikaupunki facility in Finland with Fisker aiming to
achieve full build rate by the second half of 2011. It is Fisker’s
plan to deliver vehicles to all current deposit holders during the
2011 model year.

The TUV have carried out the most thorough tests yet of the Karma’s
real-world urban performance. This is an independent process that
measures every element of the Fisker Karma luxury plug-in hybrid’s
performance.

“We are delighted that the TUV has confirmed that most owners will
achieve a 50 mile range running purely on electric during their
daily commute,” said Fisker Automotive CEO and co-founder Henrik
Fisker.

The Karma has already been awarded the highest possible score of 10
out of 10 for fuel economy and greenhouse gas emissions on its label
from the US Environmental Protection Agency.

About Fisker Automotive, Inc.

Fisker Automotive is a
new automaker with a mission to build an innovative, eco-driven
company that redefines and reshapes how the world thinks about cars.
The company is leading the auto industry with its unique Electric
Vehicle with extended range (EVer™) powertrain technology, which
combines the power and efficiency of electric drive with the range
and freedom of a gasoline engine.

Fisker was established in Southern California in 2007 by top auto
designer Henrik Fisker and business partner Bernhard Koehler. In
2008 Fisker unveiled the Karma, the world’s first luxury Electric
Vehicle with extended range. On sale since December 2011 the Karma
was delivered to the market in record time. The Karma is the first
and only American car to have won the coveted BBC Top Gear Luxury
Car of the Year award, Automobile magazine named it 2012 Design of
the Year, and TIME magazine listed the Karma one of the 50 Best
Inventions of 2011.

Fisker is headquartered in Anaheim, California and markets its
products through a growing network of independent retailers around
the world. Fisker Automotive can be found online at
www.fiskerautomotive.com